Clare Jim
Stories by Clare Jim
China Evergrande to push ahead with sale of HK land after receiver appointment
The developer has been struggling to repay creditors, suppliers and investors in wealth management products.
Dashed dreams for China Evergrande’s $13b showpiece resort island
In 2017, China Evergrande founder Hui Ka Yan was Asia's richest man.
China’s Shimao shares rise nearly 5% after more asset disposals
The firm sold Hyatt on the Bund to state-owned Shanghai Land (Group) Co for 4.5 billion yuan.
China Evergrande seeks legal advice over HK rural plot
Evergrande said it aims to have a preliminary restructuring proposal in place within six months.
Evergrande shares drop as restructuring roadmap disappoints creditors
Evergrande missed some dollar bond payments last month.
Chinese lender to issue bonds for M&A in cash-strapped property sector
The funds would be used to finance real estate project acquisitions in the form of lending.
China Evergrande secures payment extension as developers seek to avert default
Evergrande has so far met payments on onshore bonds, though it has defaulted on some offshore bonds.
More cash-strapped Chinese firms seek to extend bond terms to avert default
Chinese developers are facing a liquidity squeeze due to years of regulatory curbs on borrowing.
Chinese property developer R&F falls short of payment to creditors but averts default
Chinese developers are battling an unprecedented liquidity squeeze.
China’s Shimao in talks with buyers, mulls sale of some properties
The developer has defaulted a trust loan last week after missing a $101.10 million payment that it guaranteed.
